A CFO’s Guide to Optimal Cash Flow Planning

Cashflow Management
 

Moving beyond stand-alone spreadsheets for forecasting cash needs

 

While CFOs live in their profit and loss statements and their balance sheets, these only provide a look in the rear-view mirror. Organizations need to focus on what lies ahead. Stand-alone spreadsheets may provide a comfort zone for the finance team but they have significant limitations in terms of accuracy and timeliness and they aren’t efficient forecasting tools.

Progressive finance professionals keep their eyes on the road in front of them. An organization’s cash flow plan — including a solid revenue forecast and a budget for expenses — should be a future-looking exercise with metrics along the way to track progress.

Download the complimentary white paper and discover how CFO's can foster a culture of cash flow management throughout their organisation, and develop strategies for measuring success.

KNIME 3.6 is Available Now

 
 
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KNIME have announced the brand new features of KNIME 3.6. Read their press release below:

We’ve just released the latest version of KNIME Analytics Platform and here’s a quick summary of what’s new.

There are enhancements to our deep learning integrations, added support for H2O Sparkling Water, and many utility nodes including a multi column dictionary tagger and a numeric outlier node, a powerful multi column expression node, nodes to handle your Git repositories, and many more. Along with this, many UI improvements have been made - including connecting or unconnecting nodes with keyboard shortcuts, zooming, and easy node replacement.

One neat little addition is a node that allows you to create a local, fully functional big data environment from within a KNIME workflow, including Apache Spark, Apache Hive, and Apache Hadoop. You can now try out the Big Data Extensions without the need for an Apache Hadoop cluster. Additionally, we added support for Apache Spark 2.3.

On the KNIME Server side, we’ve added a number of new features as well, most notably an option that makes it easier for IT operations to centrally manage KNIME Analytics Platform preferences.

One of the highlights of this release is the new KNIME Workflow Hub - a place for the community to share workflows and browse all our existing example workflows. We have also added the ability to comment and rate workflows making it easier to find the highlights.

All the release details are summarized here, as well as in the more detailed changelog. We’ve also put a video together, highlighting lots of the new features. But really, the best way to check it out is by trying it for yourself. Open KNIME and go to File -> Update KNIME to get the latest version, or download and install it from here.

Don't forget to mark your calendars for the KNIME Fall Summit in Austin, Texas from November 6-9, 2018 - it will be a good chance to see some of these new features in action!

Learn more about KNIME or download it for free by clicking on the button below: